Historic Pound sterling Ghana Cedi

Pound sterling ghana cedi history for February 2024. The highest quote for this month is 15.954 (29/02/2024) and the lowest 15.929 (29/02/2024). The difference between high and low is 0.16.

GBP GHS average rate for February 2024 is 15.696, the change between 01/02/2024 and 29/02/2024 is -1.99 %.

01 February 20241 GBP = 15.59 GHS
02 February 20241 GBP = 15.74 GHS
05 February 20241 GBP = 15.73 GHS
06 February 20241 GBP = 15.50 GHS
07 February 20241 GBP = 15.57 GHS
08 February 20241 GBP = 15.60 GHS
09 February 20241 GBP = 15.62 GHS
12 February 20241 GBP = 15.64 GHS
13 February 20241 GBP = 15.66 GHS
14 February 20241 GBP = 15.63 GHS
15 February 20241 GBP = 15.59 GHS
16 February 20241 GBP = 15.64 GHS
18 February 20241 GBP = 15.63 GHS
19 February 20241 GBP = 15.70 GHS
20 February 20241 GBP = 15.69 GHS
21 February 20241 GBP = 15.68 GHS
22 February 20241 GBP = 15.80 GHS
23 February 20241 GBP = 15.64 GHS
25 February 20241 GBP = 15.84 GHS
26 February 20241 GBP = 15.86 GHS
27 February 20241 GBP = 15.86 GHS
28 February 20241 GBP = 15.92 GHS
29 February 20241 GBP = 15.91 GHS

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.
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